607 PACIFIC AVE SE new Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87102
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1080663
Bedrooms 3
Construction Status Resale
HOA Y/N No
Year Built 1916
Annual Tax Amount $6,717
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
Value add opportunity! There are four detached units on one parcel. 607, 609, 611 Pacific Ave SE and 820 Walter St SE. You can lot split, raise rents to market, split 607 into 2 units, or live in 607 and let the rentals pay your mortgage. 607 unit received a new water heater, swamp cooler, and windows in 2024. The whole unit has fresh stucco as of 2023. 611 has a new TPO roof in the flat section as of 2023. Property is fully occupied with two tenants on month to month. Total monthly income is $3,810. Market rates for rents would bring income up to $4,900.
Location
State NM
County Bernalillo
Area 80 - Downtown Area
Interior
Heating Central, Forced Air, Hot Water
Cooling Evaporative Cooling
Flooring Carpet, Tile, Wood
Fireplace No
Appliance Free-Standing Gas Range,Refrigerator
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Accessibility None
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101405746506541901
Acceptable Financing Cash,Conventional,FHA,VA Loan
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA,VA Loan